-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Nn0bv4qR1ZCp97WvWQ2Ri7v44rbQXW9fkSn+EcsxrFV11i/RS76v26PD2lXvCHfK dhUeJqAuyLObEXEF0p+/ZA== 0000924745-99-000005.txt : 19990215 0000924745-99-000005.hdr.sgml : 19990215 ACCESSION NUMBER: 0000924745-99-000005 CONFORMED SUBMISSION TYPE: 5 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19981231 FILED AS OF DATE: 19990212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SEITEL INC CENTRAL INDEX KEY: 0000750813 STANDARD INDUSTRIAL CLASSIFICATION: OIL AND GAS FIELD EXPLORATION SERVICES [1382] IRS NUMBER: 760025431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 SEC ACT: SEC FILE NUMBER: 001-10165 FILM NUMBER: 99537447 BUSINESS ADDRESS: STREET 1: 50 BRIAR HOLLOW LN STREET 2: WEST BLDG 7TH FLR CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7136271990 MAIL ADDRESS: STREET 1: 50 BRIAR HOLLOW LANE WEST STREET 2: 7TH FLOOR CITY: HOUSTON STATE: TX ZIP: 77027 FORMER COMPANY: FORMER CONFORMED NAME: SEISMIC ENTERPRISES INC DATE OF NAME CHANGE: 19870814 COMPANY DATA: COMPANY CONFORMED NAME: PEARLMAN HERBERT M CENTRAL INDEX KEY: 0000924745 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 5 BUSINESS ADDRESS: STREET 1: 50 BRIAR HOLLOW LANE 7TH FL WEST CITY: HOUSTON STATE: TX ZIP: 77027 BUSINESS PHONE: 7136271990 MAIL ADDRESS: STREET 2: 50 BRIAR HOLLOW LANE 7TH FL WEST CITY: HOUSTON STATE: TX ZIP: 77027 5 1 DECEMBER 1998 FORM 5 - ----------- ----------------------------- | FORM 5 | | OMB APPROVAL | - ----------- |---------------------------| -- |Estimated average burden | | | Check this box if no longer |hours per response......0.5| -- subject to Section 16, Form 4 ----------------------------- or Form 5 obligations may continue. See Instruction 1(b). -- | | Form 3 Holdings Reported -- -- | | Form 4 Transactions Reported -- U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person | 2. Issuer Name and Ticker | or Trading Symbol Pearlman, Herbert M. | - --------------------------------------------------| Seitel, Inc. SEI (Last) (First) (Middle) | |----------------------------- | 3. IRS or Social Security 93 Mason Street | Number of Reporting - --------------------------------------------------| Person(Voluntary) (Street) | | Greenwich, CT 06830 | - --------------------------------------------------| (City) (State) (Zip) | - -------------------------------------------------------------------------------- 4. Statement for Month/Year December, 1998 - -------------------------------------------------------------------------------- 5. If Amendment, | 6. Relationship of Reporting Person | 7. Individual or Date of | to Issuer (Check all applicable) | Joint/Group Original | X Director 10% Owner | Filing (Month/Day/ | ----- ----- | Year) | Officer Other | X Form filed by | ----- ----- | --- One Reporting | (give title below) (specify below) | Person | | | | Form filed by | | --- more than One | | Reporting Person - -------------------------------------------------------------------------------- Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - -------------------------------------------------------------------------------- 1. Title of Security | 2. Transaction Date (Instr. 3) | (Month/Day/Year) - ----------------------------------------------------|--------------------------- (a) Common Stock, Par Value $.01 | - -------------------------------------------------------------------------------- 3. Transaction Code | 4. Securities Acquired (A) or Disposed of (D) (Instr. 8) | (Instr. 3, 4 and 5) | - ----------------------------|--------------------------------------------------- Code | Amount | (A) or (D) | Price - ----------------------------|------------------|--------------------|----------- (a) | | | - -------------------------------------------------------------------------------- 5. Amount of Securities | 6. Ownership Form: | 7. Nature of Indirect Beneficially Owned | Direct (D) or | Beneficial at End of Issuer's | Indirect (I) | Ownership Fiscal Year | (Instr. 4) | (Instr. 4) (Instr. 3 and 4) | | - ---------------------------|------------------------|--------------------------- (a) 372,105 | D | - ---------------------------|------------------------|--------------------------- (b) 4,554 | I | By Spouse - -------------------------------------------------------------------------------- Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) - -------------------------------------------------------------------------------- 1. Title of Derivative Security | 2. Conversion | 3. Transaction (Instr. 3) | or Exercise| Date (Month/ | Price of | Day/Year) | Derivative | | Security | - --------------------------------------------|----------------|------------------ (a) Options - Right To Buy | 12.5625 | - --------------------------------------------|----------------|------------------ (b) Employee Warrants | 12.00 | - --------------------------------------------|----------------|------------------ (c) Employee Warrants | 16.00 | 12/03/98 - --------------------------------------------|----------------|------------------ (d) Employee Warrants | 20.50 | 12/03/98 - --------------------------------------------|----------------|------------------ (e) Options - Right to Buy | 21.50 | 12/03/98 - --------------------------------------------|----------------|------------------ (f) Options - Right to Buy | 20.8125 | 12/03/98 - --------------------------------------------|----------------|------------------ (g) Options - Right to Buy | 20.50 | 12/03/98 - --------------------------------------------|----------------|------------------ (h) Options - Right to Buy | 20.25 | 12/03/98 - --------------------------------------------|----------------|------------------ (i) Options - Right to Buy | 20.00 | 12/03/98 - --------------------------------------------|----------------|------------------ (j) Options - Right to Buy | 20.00 | 12/03/98 - --------------------------------------------|----------------|------------------ (k) Options - Right to Buy | 20.78125 | 12/03/98 - --------------------------------------------|----------------|------------------ (l) Options - Right to Buy | 20.8125 | 12/03/98 - --------------------------------------------|----------------|------------------ (m) Options - Right to Buy | 20.875 | 12/03/98 - --------------------------------------------|----------------|------------------ (n) Options - Right to Buy | 20.875 | 12/03/98 - --------------------------------------------|----------------|------------------ (o) Options - Right to Buy | 20.25 | 12/03/98 - --------------------------------------------|----------------|------------------ (p) Options - Right to Buy | 20.28125 | 12/03/98 - --------------------------------------------|----------------|------------------ (q) Options - Right to Buy | 20.3125 | 12/03/98 - --------------------------------------------|----------------|------------------ (r) Options - Right to Buy | 20.375 | 12/03/98 - --------------------------------------------|----------------|------------------ (s) Options - Right to Buy | 20.40625 | 12/03/98 - --------------------------------------------|----------------|------------------ (t) Options - Right to Buy | 20.53125 | 12/03/98 - --------------------------------------------|----------------|------------------ (u) Options - Right to Buy | 20.71875 | 12/03/98 - --------------------------------------------|----------------|------------------ (v) Options - Right to Buy | 20.71875 | 12/03/98 - --------------------------------------------|----------------|------------------ (w) Options - Right to Buy | 20.75 | 12/03/98 - --------------------------------------------|----------------|------------------ (x) Options - Right to Buy | 20.8125 | 12/03/98 - --------------------------------------------|----------------|------------------ (y) Options - Right to Buy | 20.75 | 12/03/98 - --------------------------------------------|----------------|------------------ (z) Options - Right to Buy | 20.3125 | 12/03/98 - --------------------------------------------|----------------|------------------ (aa) Options - Right to Buy | 20.25 | 12/03/98 - --------------------------------------------|----------------|------------------ (bb) Options - Right to Buy | 20.375 | 12/03/98 - --------------------------------------------|----------------|------------------ (cc) Options - Right to Buy | 20.34375 | 12/03/98 - --------------------------------------------|----------------|------------------ (dd) Options - Right to Buy | 20.34375 | 12/03/98 - --------------------------------------------|----------------|------------------ (ee) Options - Right to Buy | 20.625 | 12/03/98 - -------------------------------------------------------------------------------- Form 5 - Table II (continued) - -------------------------------------------------------------------------------- 1. Title of Derivative Security | 2. Conversion | 3. Transaction (Instr. 3) | or Exercise| Date (Month/ | Price of | Day/Year) | Derivative | | Security | - --------------------------------------------|----------------|------------------ (ff) Employee Warrants | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (gg) Employee Warrants | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (hh) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ii) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (jj) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (kk) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ll) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (mm) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (nn) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (oo) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (pp) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (qq) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (rr) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ss) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (tt) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (uu) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (vv) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ww) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (xx) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (yy) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (zz) Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (aaa)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (bbb)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ccc)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ddd)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (eee)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (fff)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (ggg)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (hhh)Options - Right to Buy | 13.9375 (6) | 12/03/98 - --------------------------------------------|----------------|------------------ (iii)Warrants - Right to Buy | 11.75 | - --------------------------------------------|----------------|------------------ (jjj Warrants - Right to Buy | 11.75 | - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 4. Transaction | 5. Number of Derivative | 6. Date Exercisable and Code | Securities Acquired | Expiration Date (Instr. 8) | | (Month/Day/Year) - -------------------|-----------------------------|------------------------------ T | (A) | (D) | Date | Expiration | | | Exercisable | Date - -------------------|-------------|---------------|---------------|-------------- (a) | | | (1) | 11/29/05 - -------------------|-------------|---------------|---------------|-------------- (b) | | | 07/10/94 | 04/11/00 - -------------------|-------------|---------------|---------------|-------------- (c) D(3) | | 80,000 | 04/28/95 | 04/28/00 - -------------------|-------------|---------------|---------------|-------------- (d) D(3) | | 200,000 | (2) | 11/20/02 - -------------------|-------------|---------------|---------------|-------------- (e) D(3) | | 2,762 | 11/28/97 | 11/26/01 - -------------------|-------------|---------------|---------------|-------------- (f) D(3) | | 1,466 | 11/28/97 | 11/27/01 - -------------------|-------------|---------------|---------------|-------------- (g) D(3) | | 9,964 | 11/28/97 | 11/29/01 - -------------------|-------------|---------------|---------------|-------------- (h) D(3) | | 13,766 | 11/28/97 | 12/02/01 - -------------------|-------------|---------------|---------------|-------------- (i) D(3) | | 13,914 | 11/28/97 | 12/03/01 - -------------------|-------------|---------------|---------------|-------------- (j) D(3) | | 2,710 | 11/28/97 | 12/04/01 - -------------------|-------------|---------------|---------------|-------------- (k) D(3) | | 20,000 | 11/28/97 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (l) D(3) | | 13,700 | 11/28/97 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (m) D(3) | | 946 | 11/28/97 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (n) D(3) | | 6,154 | 11/28/97 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (o) D(3) | | 8,700 | 11/28/97 | 07/22/02 - -------------------|-------------|---------------|---------------|-------------- (p) D(3) | | 1,400 | 11/28/97 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (q) D(3) | | 10,000 | 11/28/97 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (r) D(3) | | 100 | 11/28/97 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (s) D(3) | | 9,800 | 11/28/97 | 07/29/02 - -------------------|-------------|---------------|---------------|-------------- (t) D(3) | | 30,000 | 11/28/97 | 07/30/02 - -------------------|-------------|---------------|---------------|-------------- (u) D(3) | | 7,500 | 11/28/97 | 08/22/02 - -------------------|-------------|---------------|---------------|-------------- (v) D(3) | | 2,500 | 11/28/97 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (w) D(3) | | 10,074 | 11/28/97 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (x) D(3) | | 1,900 | 11/28/97 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (y) D(3) | | 500 | 11/28/97 | 08/26/02 - -------------------|-------------|---------------|---------------|-------------- (z) D(3) | | 12,700 | 11/28/97 | 08/28/02 - -------------------|-------------|---------------|---------------|-------------- (aa) D(3) | | 2,000 | 11/28/97 | 08/29/02 - -------------------|-------------|---------------|---------------|-------------- (bb) D(3) | | 500 | 11/28/97 | 09/02/02 - -------------------|-------------|---------------|---------------|-------------- (cc) D(3) | | 9,500 | 11/28/97 | 09/02/02 - -------------------|-------------|---------------|---------------|-------------- (dd) D(3) | | 10,000 | 11/28/97 | 09/03/02 - -------------------|-------------|---------------|---------------|-------------- (ee) D(3) | | 35,900 | 11/28/97 | 09/04/02 - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 4. Transaction | 5. Number of Derivative | 6. Date Exercisable and Code | Securities Acquired | Expiration Date (Instr. 8) | | (Month/Day/Year) - -------------------|-----------------------------|------------------------------ T | (A) | (D) | Date | Expiration | | | Exercisable | Date - -------------------|-------------|---------------|---------------|-------------- (ff)A(4) | 80,000 | | 12/03/98 | 04/28/00 - -------------------|-------------|---------------|---------------|-------------- (gg)A(4) | 200,000 | | (5) | 11/20/02 - -------------------|-------------|---------------|---------------|-------------- (hh)A(4) | 2,762 | | 12/03/98 | 11/26/01 - -------------------|-------------|---------------|---------------|-------------- (ii)A(4) | 1,466 | | 12/03/98 | 11/27/01 - -------------------|-------------|---------------|---------------|-------------- (jj)A(4) | 9,964 | | 12/03/98 | 11/29/01 - -------------------|-------------|---------------|---------------|-------------- (kk)A(4) | 13,766 | | 12/03/98 | 12/02/01 - -------------------|-------------|---------------|---------------|-------------- (ll)A(4) | 13,914 | | 12/03/98 | 12/03/01 - -------------------|-------------|---------------|---------------|-------------- (mm)A(4) | 2,710 | | 12/03/98 | 12/04/01 - -------------------|-------------|---------------|---------------|-------------- (nn)A(4) | 20,000 | | 12/03/98 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (oo)A(4) | 13,700 | | 12/03/98 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (pp)A(4) | 946 | | 12/03/98 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (qq)A(4) | 6,154 | | 12/03/98 | 07/17/02 - -------------------|-------------|---------------|---------------|-------------- (rr)A(4) | 8,700 | | 12/03/98 | 07/22/02 - -------------------|-------------|---------------|---------------|-------------- (ss)A(4) | 1,400 | | 12/03/98 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (tt)A(4) | 10,000 | | 12/03/98 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (uu)A(4) | 100 | | 12/03/98 | 07/23/02 - -------------------|-------------|---------------|---------------|-------------- (vv)A(4) | 9,800 | | 12/03/98 | 07/29/02 - -------------------|-------------|---------------|---------------|-------------- (ww)A(4) | 30,000 | | 12/03/98 | 07/30/02 - -------------------|-------------|---------------|---------------|-------------- (xx)A(4) | 7,500 | | 12/03/98 | 08/22/02 - -------------------|-------------|---------------|---------------|-------------- (yy)A(4) | 2,500 | | 12/03/98 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (zz)A(4) | 10,074 | | 12/03/98 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (aaa) A(4) | 1,900 | | 12/03/98 | 08/25/02 - -------------------|-------------|---------------|---------------|-------------- (bbb) A(4) | 500 | | 12/03/98 | 08/26/02 - -------------------|-------------|---------------|---------------|-------------- (ccc) A(4) | 12,700 | | 12/03/98 | 08/28/02 - -------------------|-------------|---------------|---------------|-------------- (ddd) A(4) | 2,000 | | 12/03/98 | 08/29/02 - -------------------|-------------|---------------|---------------|-------------- (eee) A(4) | 500 | | 12/03/98 | 09/02/02 - -------------------|-------------|---------------|---------------|-------------- (fff) A(4) | 9,500 | | 12/03/98 | 09/02/02 - -------------------|-------------|---------------|---------------|-------------- (ggg) A(4) | 10,000 | | 12/03/98 | 09/03/02 - -------------------|-------------|---------------|---------------|-------------- (hhh) A(4) | 35,900 | | 12/03/98 | 09/04/02 - -------------------|-------------|---------------|---------------|-------------- (iii) | | | 10/02/98 | 10/02/03 - -------------------|-------------|---------------|---------------|-------------- (jjj) | | | 10/02/98 | 10/02/03 - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 7. Title and Amount of Underlying | 8. Price of Securities (Instr. 3 and 4) | Derivative - ----------------------------------------------------| Security Title |Amount or Number| (Instr. 5) | of Shares | - -----------------------------------|----------------|--------------------------- (a) Common Stock | 100,000 | - -----------------------------------|----------------|--------------------------- (b) Common Stock | 172,126 | - -----------------------------------|----------------|--------------------------- (c) Common Stock | 80,000 | - -----------------------------------|----------------|--------------------------- (d) Common Stock | 200,000 | - -----------------------------------|----------------|--------------------------- (e) Common Stock | 2,762 | - -----------------------------------|----------------|--------------------------- (f) Common Stock | 1,466 | - -----------------------------------|----------------|--------------------------- (g) Common Stock | 9,964 | - -----------------------------------|----------------|--------------------------- (h) Common Stock | 13,766 | - -----------------------------------|----------------|--------------------------- (i) Common Stock | 13,914 | - -----------------------------------|----------------|--------------------------- (j) Common Stock | 2,710 | - -----------------------------------|----------------|--------------------------- (k) Common Stock | 20,000 | - -----------------------------------|----------------|--------------------------- (l) Common Stock | 13,700 | - -----------------------------------|----------------|--------------------------- (m) Common Stock | 946 | - -----------------------------------|----------------|--------------------------- (n) Common Stock | 6,154 | - -----------------------------------|----------------|--------------------------- (o) Common Stock | 8,700 | - -----------------------------------|----------------|--------------------------- (p) Common Stock | 1,400 | - -----------------------------------|----------------|--------------------------- (q) Common Stock | 10,000 | - -----------------------------------|----------------|--------------------------- (r) Common Stock | 100 | - -----------------------------------|----------------|--------------------------- (s) Common Stock | 9,800 | - -----------------------------------|----------------|--------------------------- (t) Common Stock | 30,000 | - -----------------------------------|----------------|--------------------------- (u) Common Stock | 7,500 | - -----------------------------------|----------------|--------------------------- (v) Common Stock | 2,500 | - -----------------------------------|----------------|--------------------------- (w) Common Stock | 10,074 | - -----------------------------------|----------------|--------------------------- (x) Common Stock | 1,900 | - -----------------------------------|----------------|--------------------------- (y) Common Stock | 500 | - -----------------------------------|----------------|--------------------------- (z) Common Stock | 12,700 | - -----------------------------------|----------------|--------------------------- (aa) Common Stock | 2,000 | - -----------------------------------|----------------|--------------------------- (bb) Common Stock | 500 | - -----------------------------------|----------------|--------------------------- (cc) Common Stock | 9,500 | - -----------------------------------|----------------|--------------------------- (dd) Common Stock | 10,000 | - -----------------------------------|----------------|--------------------------- (ee) Common Stock | 35,900 | - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 7. Title and Amount of Underlying | 8. Price of Securities (Instr. 3 and 4) | Derivative - ----------------------------------------------------| Security Title |Amount or Number| (Instr. 5) | of Shares | - -----------------------------------|----------------|--------------------------- (ff) Common Stock | 80,000 | - -----------------------------------|----------------|--------------------------- (gg) Common Stock | 200,000 | - -----------------------------------|----------------|--------------------------- (hh) Common Stock | 2,762 | - -----------------------------------|----------------|--------------------------- (ii) Common Stock | 1,466 | - -----------------------------------|----------------|--------------------------- (jj) Common Stock | 9,964 | - -----------------------------------|----------------|--------------------------- (kk) Common Stock | 13,766 | - -----------------------------------|----------------|--------------------------- (ll) Common Stock | 13,914 | - -----------------------------------|----------------|--------------------------- (mm) Common Stock | 2,710 | - -----------------------------------|----------------|--------------------------- (nn) Common Stock | 20,000 | - -----------------------------------|----------------|--------------------------- (oo) Common Stock | 13,700 | - -----------------------------------|----------------|--------------------------- (pp) Common Stock | 946 | - -----------------------------------|----------------|--------------------------- (qq) Common Stock | 6,154 | - -----------------------------------|----------------|--------------------------- (rr) Common Stock | 8,700 | - -----------------------------------|----------------|--------------------------- (ss) Common Stock | 1,400 | - -----------------------------------|----------------|--------------------------- (tt) Common Stock | 10,000 | - -----------------------------------|----------------|--------------------------- (uu) Common Stock | 100 | - -----------------------------------|----------------|--------------------------- (vv) Common Stock | 9,800 | - -----------------------------------|----------------|--------------------------- (ww) Common Stock | 30,000 | - -----------------------------------|----------------|--------------------------- (xx) Common Stock | 7,500 | - -----------------------------------|----------------|--------------------------- (yy) Common Stock | 2,500 | - -----------------------------------|----------------|--------------------------- (zz) Common Stock | 10,074 | - -----------------------------------|----------------|--------------------------- (aaa)Common Stock | 1,900 | - -----------------------------------|----------------|--------------------------- (bbb)Common Stock | 500 | - -----------------------------------|----------------|--------------------------- (ccc)Common Stock | 12,700 | - -----------------------------------|----------------|--------------------------- (ddd)Common Stock | 2,000 | - -----------------------------------|----------------|--------------------------- (eee)Common Stock | 500 | - -----------------------------------|----------------|--------------------------- (fff)Common Stock | 9,500 | - -----------------------------------|----------------|--------------------------- (ggg)Common Stock | 10,000 | - -----------------------------------|----------------|--------------------------- (hhh)Common Stock | 35,900 | - -----------------------------------|----------------|--------------------------- (iii)Common Stock | 15,000 | - -----------------------------------|----------------|--------------------------- (jjj)Common Stock | 15,000 | - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 9. Number of Derivative | 10. Ownership Form | 11. Nature of Indirect Securities Beneficially| of Derivative | Beneficial Owned at End of Month | Security: Direct | Ownership (Instr. 4) | (D) or Indirect | (Instr. 4) | (I) (Instr. 4) | - ----------------------------|-----------------------|--------------------------- (a) 100,000 | D | - ----------------------------|-----------------------|--------------------------- (b) 172,126 | D | - ----------------------------|-----------------------|--------------------------- (c) 0 | D | - ----------------------------|-----------------------|--------------------------- (d) 0 | D | - ----------------------------|-----------------------|--------------------------- (e) 0 | D | - ----------------------------|-----------------------|--------------------------- (f) 0 | D | - ----------------------------|-----------------------|--------------------------- (g) 0 | D | - ----------------------------|-----------------------|--------------------------- (h) 0 | D | - ----------------------------|-----------------------|--------------------------- (i) 0 | D | - ----------------------------|-----------------------|--------------------------- (j) 0 | D | - ----------------------------|-----------------------|--------------------------- (k) 0 | D | - ----------------------------|-----------------------|--------------------------- (l) 0 | D | - ----------------------------|-----------------------|--------------------------- (m) 0 | D | - ----------------------------|-----------------------|--------------------------- (n) 0 | D | - ----------------------------|-----------------------|--------------------------- (o) 0 | D | - ----------------------------|-----------------------|--------------------------- (p) 0 | D | - ----------------------------|-----------------------|--------------------------- (q) 0 | D | - ----------------------------|-----------------------|--------------------------- (r) 0 | D | - ----------------------------|-----------------------|--------------------------- (s) 0 | D | - ----------------------------|-----------------------|--------------------------- (t) 0 | D | - ----------------------------|-----------------------|--------------------------- (u) 0 | D | - ----------------------------|-----------------------|--------------------------- (v) 0 | D | - ----------------------------|-----------------------|--------------------------- (w) 0 | D | - ----------------------------|-----------------------|--------------------------- (x) 0 | D | - ----------------------------|-----------------------|--------------------------- (y) 0 | D | - ----------------------------|-----------------------|--------------------------- (z) 0 | D | - ----------------------------|-----------------------|--------------------------- (aa) 0 | D | - ----------------------------|-----------------------|--------------------------- (bb) 0 | D | - ----------------------------|-----------------------|--------------------------- (cc) 0 | D | - ----------------------------|-----------------------|--------------------------- (dd) 0 | D | - ----------------------------|-----------------------|--------------------------- (ee) 0 | D | - -------------------------------------------------------------------------------- FORM 5 - Table II (continued) - -------------------------------------------------------------------------------- 9. Number of Derivative | 10. Ownership Form | 11. Nature of Indirect Securities Beneficially| of Derivative | Beneficial Owned at End of Month | Security: Direct | Ownership (Instr. 4) | (D) or Indirect | (Instr. 4) | (I) (Instr. 4) | - ----------------------------|-----------------------|--------------------------- (ff) 80,000 | D | - ----------------------------|-----------------------|--------------------------- (gg) 200,000 | D | - ----------------------------|-----------------------|--------------------------- (hh) 2,762 | D | - ----------------------------|-----------------------|--------------------------- (ii) 1,466 | D | - ----------------------------|-----------------------|--------------------------- (jj) 9,964 | D | - ----------------------------|-----------------------|--------------------------- (kk) 13,766 | D | - ----------------------------|-----------------------|--------------------------- (ll) 13,914 | D | - ----------------------------|-----------------------|--------------------------- (mm) 2,710 | D | - ----------------------------|-----------------------|--------------------------- (nn) 20,000 | D | - ----------------------------|-----------------------|--------------------------- (oo) 13,700 | D | - ----------------------------|-----------------------|--------------------------- (pp) 946 | D | - ----------------------------|-----------------------|--------------------------- (qq) 6,154 | D | - ----------------------------|-----------------------|--------------------------- (rr) 8,700 | D | - ----------------------------|-----------------------|--------------------------- (ss) 1,400 | D | - ----------------------------|-----------------------|--------------------------- (tt) 10,000 | D | - ----------------------------|-----------------------|--------------------------- (uu) 100 | D | - ----------------------------|-----------------------|--------------------------- (vv) 9,800 | D | - ----------------------------|-----------------------|--------------------------- (ww) 30,000 | D | - ----------------------------|-----------------------|--------------------------- (xx) 7,500 | D | - ----------------------------|-----------------------|--------------------------- (yy) 2,500 | D | - ----------------------------|-----------------------|--------------------------- (zz) 10,074 | D | - ----------------------------|-----------------------|--------------------------- (aaa) 1,900 | D | - ----------------------------|-----------------------|--------------------------- (bbb) 500 | D | - ----------------------------|-----------------------|--------------------------- (ccc) 12,700 | D | - ----------------------------|-----------------------|--------------------------- (ddd) 2,000 | D | - ----------------------------|-----------------------|--------------------------- (eee) 500 | D | - ----------------------------|-----------------------|--------------------------- (fff) 9,500 | D | - ----------------------------|-----------------------|--------------------------- (ggg) 10,000 | D | - ----------------------------|-----------------------|--------------------------- (hhh) 35,900 | D | - ----------------------------|-----------------------|--------------------------- (iii) 15,000 | D | - ----------------------------|-----------------------|--------------------------- (jjj) 15,000 | I | By Spouse - -------------------------------------------------------------------------------- Explanation of Responses: 1. Options have ten year terms from date of grant of 11/29/95, 0% exercisable on date of grant, 33% exercisable on first anniversary, 66% exercisable on second anniversary, and 100% exercisable on third anniversary. 2. Warrants have five year terms from date of grant of 11/20/97, 20% exercisable on date of grant. The remaining 80% are exercisable on the third anniversary of date of grant or, if earlier, in incremental installments of 20% of the total number of option shares for each 2-point increase in the market price of the company's stock above the exercise price which is maintained or exceeded for 10 consecutive trading days. 3. Cancellation of option/warrant in connection with grant of replacement option/warrant. 4. The reported transaction involved the repricing of an existing option/warrant. The vesting terms were not amended. 5. Warrants have 5 year terms from original grant date of 11/20/97, with 20% exercisable on 11/20/97. The remaining 80% are exercisable on 11/20/00 or, if earlier, in incremental installments of 20% of the total number of option shares for each 2-point increase in the market value of the Company's stock above the exercise price which is maintained or exceeded for 10 consecutive trading days. 6. The exercise price will be $11.9375 if the Company is acquired prior to the expiration or exercise of the option or warrant. /s/ Herbert M. Pearlman by Marcia H. Kendrick 02/12/99 --------------------------------- ----------- **Signature of Reporting Person Date ** Intentional misstatements or omission of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). EX-99.B11 2 SIGNATURE AUTHORIZATION FOR HERB PEARLMAN AUTHORIZATION The undersigned, Herbert M. Pearlman hereby authorizes Marcia Kendrick to execute any Form 3, Form 4, or Form 5 to be filed with the Securities and Exchange Commission with respect to Seitel, Inc. for a period of one year from the date hereof. Date: August 1, 1998 /s/ Herbert M. Pearlman ------------------------------ Herbert M. Pearlman -----END PRIVACY-ENHANCED MESSAGE-----